Establishes first-time homebuyer savings program and provides gross income tax benefits for accounts establ...
This means first-time homebuyers could potentially save for a home more effectively.
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S 4948 — Establishes first-time homebuyer savings program and provides gross income tax benefits for accounts established under the program.
Last action
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1Introduced
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2In Committee
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3Passed Senate
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4Passed General Assembly
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5To Executive
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6Enacted
This bill has been introduced in the Senate. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
In plain language
The bill establishes a savings program for first-time homebuyers with tax benefits.
This bill aims to create a savings program for first-time homebuyers and includes income tax benefits for those participating. The specifics of the program and benefits are not available as the bill text is currently not accessible.
What this means for you
- Families: This means first-time homebuyers could potentially save for a home more effectively.
Summary
Homebuyer savings program, first-time-establish & provide income tax benefits
Bill Text
We don't have the full text on file for this bill yet.
Read S 4948 on the official New Jersey source →Sponsors
- Vincent J. Polistina · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 119 not signed on
Sponsors (1)
- Polistina, Vincent J. Republican
Co-sponsors (0)
None.
Not signed on (119)
119 members have not signed on to this bill.
Show all 119 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does S 4948 do?
- Homebuyer savings program, first-time-establish & provide income tax benefits
- Who sponsors S 4948?
- S 4948 is sponsored by Polistina, Vincent J. (Republican).
- What is the current status of S 4948?
- This bill has been introduced in the Senate. It must pass committee before a floor vote.
- Where can I track S 4948?
- Track S 4948 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 8 days ago · updated continuously
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